Owens Corning Announces 15% Dividend Increase
TOLEDO, Ohio–(BUSINESS WIRE)–
Owens Corning (NYSE: OC) today announced that its Board of Directors has declared a quarterly cash dividend of $0.69 per common share, a 15% increase compared to the prior quarterly dividend. The dividend will be payable on January 17, 2025, to shareholders of record as of January 6, 2025.
Future dividend declarations will be made at the discretion of the Board of Directors and will be based on the company’s earnings, financial condition, cash requirements, future prospects, and other factors.
About Owens Corning
Owens Corning is a residential and commercial building products leader committed to building a sustainable future through material innovation. Our four integrated businesses – Roofing, Insulation, Doors, and Composites – provide durable, sustainable, energy-efficient solutions that leverage our unique material science, manufacturing, and market knowledge to help our customers win and grow. We are global in scope, human in scale with more than 25,000 employees in 31 countries dedicated to generating value for our customers and shareholders and making a difference in the communities where we work and live. Founded in 1938 and based in Toledo, Ohio, USA, Owens Corning posted 2023 sales of $9.7 billion. For more information, visit www.owenscorning.com.
Owens Corning Company News / Owens Corning Investor Relations News
View source version on businesswire.com: https://www.businesswire.com/news/home/20241205062346/en/
Media Relations:
Todd Romain
419.248.7826
Investor Relations:
Amber Wohlfarth
419.248.5639
KEYWORDS: Ohio United States North America
INDUSTRY KEYWORDS: Other Construction & Property Residential Building & Real Estate Manufacturing Commercial Building & Real Estate Construction & Property Building Systems Other Manufacturing
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